On Friday, Plains All American Pipeline, L.P. (NYSE:PAA)’s shares declined -1.34% to $41.27.
Plains All American Pipeline, L.P. ( PAA) and Plains GP Holdings ( PAGP) declared several executive promotions at PAA. John Keffer and Sam Brown have each been promoted to the positions of Senior Vice President, and Jeremy Goebel and James Pinchback have each been promoted to the positions of Vice President.
John R. Keffer, Senior Vice President, joined PAA in 1998 and has served in a number of positions of increasing responsibility counting Managing Director – Refinery Supply, Director of Trading and Manager of Sales and Trading. Most recently, Mr. Keffer served as Vice President Terminals, with primary responsibility for managing the commercial operations in our crude and products terminals.
Plains All American Pipeline, L.P., through with its auxiliaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada.
Rex Energy Corporation (NASDAQ:REXX)’s shares dropped -0.3% to $3.39.
Rex Energy Corporation (REXX) declared that it has designated Robert W. Ovitz as Chief Operating Officer of the company. Mr. Ovitz, who most recently served as the Senior Vice President, Operations for the company, assumes the COO role from Patrick M. McKinney, who has served as COO since May 2010 and both President and COO since October 2011. Mr. McKinney will leave the company in August to pursue an opportunity in the investment banking industry. +
Effective right away, Ovitz will assume responsibility for company-wide operations, with direct oversight of Appalachian and Illinois operations, reservoir engineering, and exploration and geology. He will be responsible for the alignment, precedingitization and administration of operational capital to execute the company’s exploration, drilling and production strategies, and for ensuring operational excellence across the company.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
At the end of Friday’s trade, Allegheny Technologies Incorporated (NYSE:ATI)‘s shares dipped -3.91% to $25.57.
Allegheny Technologies Incorporated (ATI) declared that it is expanding its nickel-based superalloy powder capabilities to satisfy strong demand from the aerospace jet engine market and growing demand from the additive manufacturing industry, particularly for 3D printed parts used in the aerospace, medical, electrical energy, and oil and gas markets. The self-funded expansion, which is projected to cost about $70 million and take two years to complete, will be located at the ATI Specialty Materials business unit’s operations near Monroe, NC.
Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products. The High Performance Materials and Components segment provides various high performance materials, counting titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts.
Spirit Realty Capital, Inc (New) (NYSE:SRC), ended its Friday’s trading session with 0.49% gain, and closed at $10.23.
Spirit Realty Capital, Inc. (SRC) a premier net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, recently declared that it plans to release its 2015 second quarter financial results after the close of the stock market on Thursday, August 6, 2015.
Spirit Realty Capital, Inc is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.
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